EXSI might be more tax efficient at least from your standpoint. Although you should check out how they handle intra-EU with-holdings.
As far as I know EXSI will not be tax efficient, there are source taxes on the dividends. Same with VGK.
VGK will have a 15% (in Holland, check your own country) tax on dividends. EXSI has sometimes a german tax on dividend.
In Holland a German ETF or an American ETF will be treated the same tax wise. This is country dependent.
We have tax efficient trackers in Holland from Think Capital, but they only cover the AEX index, while EXSI covers the whole of Europe.
Euro HB Permanent Portfolio using ETFs
Moderator: Global Moderator
Re: Euro HB Permanent Portfolio using ETFs
Hello kw,kw wrote: Hi Frugal,
If the dollar goes down 30% vs the euro then when you sell Gold you get more dollars so you still get the right amount in euros.
I am not sure if this is the solution to the risk you mentioned?
Kind Regards,K
I didnt understand what you wrote.
The EU PP must have all 4 assets in Euros, but I saw that you use assets in Usd!?
Slotine idea is also a good point.
Live healthy, live actively and live life! 
